JD reported a higher than expected revenue in Q2
Posted On August 19, 2020
0
Though the nationwide economy has been greatly affected by the COIVD-19 pandemic and the associated lockdowns, JD announced net revenue of RMB 201.1 billion, 33.8% up from the same period of last year. Both the pent-up demand in online consumption and the ‘record-high’ 618 promotion made contribution to the top-line growth, and a 29.9% increase of annual active customer accounts came from lower-tier cities.